Friday 11 May 2012

Parramatta. $77 million project

The Western Sydney Joint Regional Planning Panel will determine, on May 17, the DA, at 109-113 George Street, in the Parramatta CBD, for the consolidation and construction of a 19 storey mixed use development comprising retail commercial space at ground level and 265 residential apartments above over basement carparking and strata subdivision. Estimated cost of the project: $77 million. Applicants: Eureka 2 Project 10 Pty Limited and SJB Planning Pty Ltd.

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Moorebank. Two terminals less efficient

Qube Logistics chairman, Chris Corrigan, has accused the federal government of wasting $560 million relocating a Defence Department facility from a proposed freight hub, at Moorebank, when the privately-owned, SIMTA, pushes ahead with a rival plan across the road. “A series of competing terminals is far less efficient than a single terminal operation,” he said in The Australian Financial Review.

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Sydney Olympic Park. Sustainability program

Organisations at Sydney Olympic Park have committed to improving their environmental performance by participating in a business sustainability program. Accor’s Sydney Olympic Park hotels, the Pullman, Novotel and Ibis launched a key card, made from FSC-certified wood from responsibly managed forests, in late April 2012. Other program participants in the Sydney Olympic Park business cluster of Sustainability Advantage Program include the Commonwealth Bank, Royal Agricultural Society and the Department of Sport and Recreation.

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Region. Would have liked more

“While we are pleased that Government has acknowledged the crisis facing Western Sydney transport in their allocation of $200 million to investigate the options for the M4 East and M5 East, we would have liked to see a serious commitment to funding the construction of these vital links as soon as possible,” said Clr Allison McLaren, president, of the Western Sydney Regional Organisation of Councils (WSROC). Clr McLaren said the government had recognised the contribution of small business, which was the driver of Western Sydney’s $ 85 billion a year economy but would have liked to have seen more done to encourage investment.

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Liverpool. Function centre sold

The 2794-square-metre Macquarie Function Centre, in Liverpool, has been sold for $2 million, with vacant possession.

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